Proposal for Enhancing Planet's Offerings

Overview

Planet has faced challenges due to a lack of a cohesive strategy, resulting in perceptions of inconsistency and inefficiency. Frequent changes have indicated unsuccessful attempts at stabilization. To address these issues and optimize Planet's offerings, we propose the following strategic changes.

For more details and a breakdown of why these changes are necessary, please visit: https://telegram.me/planet_finance/1/433330

Proposed Changes

1. Money Market:

   • No GAMMA Emissions: Cease all GAMMA emissions to the money market.
   • No Fees: Eliminate all fees associated with the money market.

2. Infinity GAMMA Vault:

   • No New Deposits: Stop accepting new deposits into the Infinity GAMMA Vault.
   • Simplified Withdrawal: Implement a single withdrawal option with a 10% fee.

3. Emissions Strategy:

   • Reduction in Emissions: Decrease overall emissions from 100,000 to 60,000 GAMMA.
   • Proportional Emissions: Allocate all emissions to new vaults based on the fees generated by those vaults.

4. GAMMA/BTCB Boost:

   • Optional Participation: Introduce an opt-in, opt-out boost mechanism with no penalties for users not meeting the 5% lock requirement.
   • Boost Incentives: Direct fees generated by the vaults to users who lock GAMMA/BTCB, utilizing these fees to buy GAMMA and add to reserves.

---

This proposal aims to streamline and enhance the efficiency of Planet's offerings, ensuring a more cohesive and stable strategy moving forward. Please review the proposed changes and share your feedback.